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    Americans are often expected to have some level of higher education before they enter the workforce. These political leaders are asking: Shouldn’t government help them along? CHICAGO—A surge of innovation in states and cities is building momentum for what could become a seismic shift in American education. Just as the country came to expect in the decades around World War II that young people would finish at least 12 years of school, more local governments are now working to ensure that students complete at least 14 years. With that change, political leaders in both parties are increasingly acknowledging that if society routinely expects students to obtain at least two years of schooling past high school, government has a responsibility to provide it for them cost-free. That impulse animates the statewide tuition-free community-college program pioneered under Republican Governor Bill Haslam in Tennessee and replicated under Democratic Governor Kate Brown in Oregon; Chicago Mayor Rahm Emanuel’s Star Scholarship, which funds two years of community college for students who complete high school with a B average; and the legislation Governor Andrew Cuomo recently signed into law providing tuition-free access to two- and four-year public colleges in New York for families earning up to $125,000. The Campaign for Free College Tuition, an organization promoting this movement, expects representatives from up to 18 states to join their conference next month in Denver. Ben Cannon, executive director of the Oregon Higher Education Coordinating Commission, speaks for many devising these initiatives when he insists: “As a state, we generally acknowledge and understand that a high-school education is not enough, and [tuition-free community college] represents an attempt to extend that [public-education] entitlement to 14 years.”
    6 years ago by @prophe
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    Lynn University will hold the ground breaking for its $35 million student center on Thursday, April 20. The 65,000-square-foot project will be the largest ever undertaken by the non-profit university in Boca Raton. The ceremony will start at 11 a.m. at 3601 N. Military Trail. The event is by invitation only. Lynn University received a $15 million challenge grant for the project from Christine E. Lynn, who owns a local insurance business. It has named the student center after her.
    6 years ago by @prophe
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    OSKALOOSA — William Penn University, like many other private colleges in the state, continues to find unique ways to attract Iowa students. They’ve invested in their curriculum, made the programs more flexible with daytime, evening and nontraditional classes and focused on developing the campus culture to be a meaningful, purposeful experience. To celebrate William Penn University’s legacy of educational opportunities, they’re offering a new scholarship to Iowa high school seniors enrolling in traditional coursework at the Oskaloosa campus. If eligible, the student will pay $5,000 or less for tuition for the 2017-18 school year.
    6 years ago by @prophe
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    HARRISBURG – This may be a growing trend in Pennsylvania: private colleges and universities are doing something to bring back students and families scared away by the sky-high cost of higher education. In some cases, tuition plus room and board can cost $50,000, $60,000, even $70,000 a year. As a result, enrollment is down. “Sticker shock is an issue. In fact, some research suggests 60 percent of parents and students will rule out a school based on just the price,” said Don Francis of the Association of Independent Colleges and Universities of Pennsylvania. To get students back on campus, private schools are either slashing or freezing tuition. Immaculata University near Philadelphia is reducing tuition from $34,400 to $26,500 a year. At LaSalle, tuition is down from $40,400 to $28,800, and Rosemont College on the Main Line reduced tuition to $18,500 from $31,500. Rosemont also knocked $1,900 off room and board. Other schools like Harrisburg University of Science and Technology, Manor College, Wilson College in Chambersburg, and the Pennsylvania Institute of Technology have decided to freeze tuition. It appears to be working. Many of the schools report enrollment numbers are going up. After Rosemont cut tuition and room and board, applications soared by 64 percent and actual enrollment jumped by nearly 15 percent. The AICUP also launched the “Just Apply” campaign. The message: students just don’t know what the college will offer unless they apply. “Many students will discover if they apply to private institutions that institution will cost maybe less, maybe the same, and maybe slightly more than a public institution,” Francis said.
    6 years ago by @prophe
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    While very few people study poetry or classics to get rich, studying the humanities has a big financial payoff at a surprising array of colleges, a new analysis of college grads’ earnings has found. Of course, students who major in engineering, economics, business or computer science at the best schools tend to have the highest financial return on their tuition investments, according to new salary data collected by PayScale.com. But liberal arts and other humanities majors at 16 schools have, on average, earned at least $500,000 more than they paid for school and the typical earnings of someone who did not attend college, PayScale said. Humanities majors at 245 colleges have typically earned at least $200,000 more than they spent on college within 20 years of graduation, PayScale found. Leading the pack: Yale. PayScale estimates that Yalies who receive financial aid pay a total of only about $80,000 for their four-year degrees. And, on average, people whose education stopped at high school earn about $30,000 a year. Yale humanities majors report earning about $80,000 a year, on average. So 20 years out, Yalies have earned a total of about $1.6 million, which puts them a total of $812,000 ahead of high-school grads - even after subtracting the cost of school. Making these numbers even more impressive: they’re only for students who finished their education with a bachelor’s. They don’t count, for example, history majors who went on to earn law degrees or M.B.As. Ivy League colleges, which offer generous aid and thus have low costs for middle class families, tend to have among the highest “return on investment” for humanities and many other majors, PayScale found. But many more accessible colleges also paid off well: Wabash College, a private men’s college in Crawfordsville, Ind. that accepts 61% of applicants, ranked in the top 20 for financial return for a humanities degree. After 20 years, the typical Wabash humanities grad had earned a financial return of about $500,000. San Jose State University, had one
    6 years ago by @prophe
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    How much would you say it costs to attend a top private college like Dartmouth or Pomona for one year? I’m guessing that the first number that pops into your mind is quite large, like $60,000. For most Americans, that’s the wrong answer — and it’s wrong by a lot. The list-price tuition at these college does indeed run so high, but just a small slice of the population pays the list price. Typically, only families earning at least $200,000 a year fail to qualify for financial aid. For families with middle-class incomes, highly selective colleges are much, much less expensive. The widespread misimpression about the cost of college causes real damage. It leads many middle-class and lower-income families to believe, incorrectly, that college is unaffordable. When they respond by discouraging their child from attending or finishing college, they hurt the child’s long-term economic prospects. Today, a new online calculator is launching, and it’s designed to combat misimpression with fact. It’s also highly useful, for families up and down the income spectrum. The calculator is a joint effort of 15 colleges, including Dartmouth, Pomona, Columbia, Williams, Wellesley, Rice and Colorado College. You use it anonymously, and you answer about six quick questions about your finances, such as your annual income and home ownership status. With just a minute or two of work, you can get an estimate of how much college will really cost. As an example, I entered data for what would be a pretty normal American family: a homeowner with $75,000 in income and some savings. I selected Rice as the college. The calculator estimated that this family would have to spend $18,500 a year while receiving a $42,900 scholarship. That cost is still significant, and I wish our country made college less expensive. But for the great majority of students, a Rice education is still worth a lot more than $18,500 a year. College graduates are much more likely to be employed, to earn more and to be happy and healthy than non-graduates, and much of th
    6 years ago by @prophe
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    For too many Americans, the rising costs of college are putting higher education out of reach. This comes at a time when a postsecondary degree is almost mandatory for earning a middle-class living. In New York alone, 70% of jobs require a college degree, but only about 46% of adult New Yorkers have one. We must close that gap. Last week, Gov. Cuomo made history when he signed into law a first-in-the-nation policy to cover tuition at all public colleges and universities in the state. In allowing students from families making up to $125,000 a year to attend SUNY and CUNY two- and four-year schools tuition-free, the Excelsior Scholarship promises to transform the lives of thousands of students and countless more potential students. Historically, such groundbreaking programs face initial criticism. In the 19th and early 20th centuries, there was resistance to compulsory education. In the 1960s, the American Medical Association warned that Medicaid would destroy quality health care.
    6 years ago by @prophe
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    Student debt is a personal challenge for more than 44 million Americans, but a lucrative business opportunity to the firms that manage the more than $1 trillion now outstanding. With a delinquency rate currently exceeding 11 percent, some see student loans as a major risk to the U.S. economy, one rivaling the mortgage loan market that crashed in 2007. There has also been widespread concern about the effects of college debt on the lives of individual students “what authorities describe as systematic mistreatment of borrowers.” Because these loans are guaranteed or are made directly by the federal government, the U.S. Department of Education is responsible for managing this complex system and balancing the competing interests of the various stakeholders. Last week, Education Secretary Elizabeth DeVos took action to reverse the course she inherited from the prior administration. In 2015, President Obama announced his Student Aid Bill of Rights, which aimed both to create a more efficient loan management system and to “reduce student loan defaults and encourage borrower success.” In recognizing the needs of borrowers, it sought to more fairly balance the interests of individual borrowers with those of the federal government and those doing business managing the debt under government contract. Two policy directives from the Obama administration’s Department of Education, which Bloomberg News described as directing the Federal Student Aid office to “do more to help borrowers manage, or even discharge, their debt,” were cancelled. The Obama administration sought to balance the interests of those taking out student loans and the business interests of the private firms contracted to service and collect these debts. Ideally, by taking borrowers’ interests into account, the amount of unpaid debt would be decreased, as would the cost to the federal government, and the harmful effect of predatory practices could be lessened. In her memo to the FSA, Secretary DeVos showed that efficient repayment was the singular goal of her
    6 years ago by @prophe
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    Private colleges across New York state are calculating their next steps in light of the state’s new Excelsior Scholarship program, which will provide free tuition for low- and middle-income families at public colleges but private college leaders warn could have devastating effects on their institutions. “The fundamental landscape of higher education in New York state just changed,” said St. Bonaventure University interim President Dr. Andrew Roth. “We’ll have to think about how exactly we respond to do that.” The plan has been a talking point for leaders of the state’s 150 private colleges since Gov. Andrew Cuomo announced it in January, and is now a reality after its passage with the state budget earlier this month. Private college presidents, including those of local institutions, say the program could hurt their enrollment by attracting more students to public schools with the promise of free tuition. They say weakening of private colleges, often the focal point of small towns throughout the state, could have economic consequences. Free tuition even has some schools re-examining private colleges’ long-standing high-tuition, high-aid model — the practice of charging a high list price while also providing a large discount through financial aid. “Certainly the idea of free tuition is such a powerful sound bite,” said Houghton College President Dr. Shirley Mullen. “I think it does pose a threat, at least in the short run, for the well being of these institutions.” Privates preferred TAP increase The Excelsior Scholarship program will make SUNY and CUNY schools tuition-free this fall for students whose families earn less than $100,000. That number will rise to $125,000 in 2019. However, there are several requirements, including that students remain full-time with at least 30 credits a year and maintain a minimum grade point average. Students will also have to live and work in New York for as many years as they received free tuition, or the scholarship becomes a loan. “I have to commend the gover
    6 years ago by @prophe
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    States could save money and increase college-graduation rates by providing modest financial incentives for students to choose private colleges over comparable public ones, according to a report released this week. The conclusion, which was quickly disputed by a group representing public colleges, comes at a time when a growing number of states are providing the opposite incentives. This week New York became the first state to offer free tuition at both two- and four-year public colleges for middle-class families. Other states are considering similar moves, prompting widespread concern that enrollments could plunge at some tuition-dependent private colleges that recruit heavily from their states. The report was prepared for the Council of Independent Colleges as part of its efforts to promote the value of the liberal arts and independent colleges. The report was distributed this week to all of the council’s members, to provide talking points when they make the case for financial support from state lawmakers, especially in states where free public-college tuition is on the agenda. It’s hardly surprising that the council, which represents more than 700 nonprofit independent colleges, would promote a report based on the argument that costs per degree are lower and graduation rates higher at private institutions. But the report’s authors, both of whom work at public universities, say it is based on a comprehensive analysis of federal data and state-specific simulations in 24 states. In all but two of those states, the proposed shift would save money, the researchers concluded. The findings were dismissed by Barmak Nassirian, director of federal relations and policy analysis for the American Association of State Colleges and Universities. "I empathize with their plight, and I don’t begrudge them their moment in the sun, if that’s what their report is, but there are lots of problems with it," he said in an interview on Thursday. "They’re trying to make the counterintuitive case that expensive schools are cheaper t
    6 years ago by @prophe
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